Stansberry Asset Management LLC Has $18.52 Million Stock Holdings in Microsoft Co. (NASDAQ:MSFT)


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Stansberry Asset Management LLC raised its position in shares of Microsoft Co. (NASDAQ:MSFT) by 1.7% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 83,260 shares of the software giant’s stock after purchasing an additional 1,421 shares during the period. Microsoft comprises 5.2% of Stansberry Asset Management LLC’s portfolio, making the stock its 5th biggest position. Stansberry Asset Management LLC’s holdings in Microsoft were worth $18,519,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Twinbeech Capital LP bought a new stake in Microsoft during the 4th quarter valued at $2,253,000. Voloridge Investment Management LLC raised its position in Microsoft by 15,089.4% during the 4th quarter. Voloridge Investment Management LLC now owns 1,131,154 shares of the software giant’s stock valued at $251,591,000 after purchasing an additional 1,123,707 shares in the last quarter. Zurich Insurance Group Ltd FI raised its position in shares of Microsoft by 5.9% in the 4th quarter. Zurich Insurance Group Ltd FI now owns 1,492,609 shares of the software giant’s stock worth $331,986,000 after acquiring an additional 83,767 shares in the last quarter. Truvestments Capital LLC raised its position in shares of Microsoft by 1.5% in the 4th quarter. Truvestments Capital LLC now owns 12,000 shares of the software giant’s stock worth $2,669,000 after acquiring an additional 176 shares in the last quarter. Finally, IHT Wealth Management LLC raised its position in shares of Microsoft by 7.0% in the 4th quarter. IHT Wealth Management LLC now owns 71,535 shares of the software giant’s stock worth $15,911,000 after acquiring an additional 4,671 shares in the last quarter. 69.01% of the stock is owned by institutional investors and hedge funds.

MSFT has been the subject of several recent research reports. Jefferies Financial Group set a $300.00 price target on Microsoft and gave the stock a “buy” rating in a research report on Monday, March 15th. Oppenheimer boosted their target price on Microsoft from $260.00 to $275.00 and gave the stock an “outperform” rating in a research note on Wednesday, January 27th. Bank of America boosted their target price on Microsoft from $256.00 to $280.00 and gave the stock a “buy” rating in a research note on Wednesday, January 27th. Pritchard Capital boosted their target price on Microsoft from $272.00 to $292.00 and gave the stock a “buy” rating in a research note on Wednesday, January 27th. Finally, Wedbush boosted their target price on Microsoft from $285.00 to $300.00 and gave the stock an “outperform” rating in a research note on Tuesday, February 16th. Two research analysts have rated the stock with a hold rating, twenty-nine have issued a buy rating and three have issued a strong buy rating to the company’s stock. Microsoft currently has an average rating of “Buy” and a consensus target price of $268.28.

In related news, EVP Jean Philippe Courtois sold 18,358 shares of the stock in a transaction that occurred on Thursday, January 28th. The stock was sold at an average price of $239.60, for a total value of $4,398,576.80. Following the completion of the transaction, the executive vice president now directly owns 593,915 shares in the company, valued at $142,302,034. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Emma N. Walmsley acquired 4,300 shares of the stock in a transaction that occurred on Wednesday, March 10th. The stock was acquired at an average price of $236.80 per share, with a total value of $1,018,240.00. Following the completion of the transaction, the director now directly owns 5,026 shares of the company’s stock, valued at approximately $1,190,156.80. The disclosure for this purchase can be found here. 0.05% of the stock is owned by corporate insiders.

MSFT stock opened at $249.90 on Thursday. The company has a debt-to-equity ratio of 0.46, a current ratio of 2.53 and a quick ratio of 2.49. The business has a 50 day simple moving average of $235.85 and a 200-day simple moving average of $222.92. The firm has a market capitalization of $1.88 trillion, a PE ratio of 40.37, a price-to-earnings-growth ratio of 2.44 and a beta of 0.83. Microsoft Co. has a 1 year low of $162.30 and a 1 year high of $250.93.

Microsoft (NASDAQ:MSFT) last posted its quarterly earnings results on Monday, January 25th. The software giant reported $2.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.64 by $0.39. The business had revenue of $43.08 billion during the quarter, compared to analyst estimates of $40.23 billion. Microsoft had a return on equity of 40.74% and a net margin of 32.28%. The business’s revenue was up 16.7% compared to the same quarter last year. During the same period in the prior year, the business earned $1.51 earnings per share. On average, equities research analysts expect that Microsoft Co. will post 6.73 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 10th. Stockholders of record on Thursday, May 20th will be given a $0.56 dividend. The ex-dividend date is Wednesday, May 19th. This represents a $2.24 dividend on an annualized basis and a dividend yield of 0.90%. Microsoft’s dividend payout ratio (DPR) is presently 38.89%.

Microsoft Profile

Microsoft Corporation develops, licenses, and supports software, services, devices, and solutions worldwide. Its Productivity and Business Processes segment offers Office, Exchange, SharePoint, Microsoft Teams, Office 365 Security and Compliance, and Skype for Business, as well as related Client Access Licenses (CAL); Skype, Outlook.com, OneDrive, and LinkedIn; and Dynamics 365, a set of cloud-based and on-premises business solutions for small and medium businesses, large organizations, and divisions of enterprises.

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Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

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